{"id":3262,"date":"2024-03-25T15:36:47","date_gmt":"2024-03-25T14:36:47","guid":{"rendered":"https:\/\/conquaestor.nl\/?p=3262"},"modified":"2024-05-01T14:14:17","modified_gmt":"2024-05-01T13:14:17","slug":"development-of-the-financial-function-of-a-multinational-company","status":"publish","type":"post","link":"https:\/\/conquaestor.nl\/en\/cases\/development-of-the-financial-function-of-a-multinational-company\/","title":{"rendered":"Clear plan for cost reduction: ConQuaestor provides insight and strategy for global retailer's finance function"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"3262\" class=\"elementor elementor-3262\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b06d4b1 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"b06d4b1\" data-element_type=\"section\" 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213.508V175.185l142.739 81.205-142.739 81.201z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-f3af8ee\" data-id=\"f3af8ee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88ce08a elementor-widget elementor-widget-text-editor\" data-id=\"88ce08a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun MacChromeBold  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"NormalTextRun  BCX0 SCXP32849575\"><strong>Challenge:<\/strong>\u00a0<\/span><\/span><span class=\"TextRun  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"NormalTextRun  BCX0 SCXP32849575\">Reducing costs at times of uncertainty.<\/span><\/span><span class=\"LineBreakBlob BlobObject  BCX0 SCXP32849575\"><span class=\"BCX0 SCXP32849575\">\u200b<\/span><br class=\"BCX0 SCXP32849575\" \/><\/span><span class=\"TextRun MacChromeBold  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"NormalTextRun  BCX0 SCXP32849575\"><strong>Solution:<\/strong>\u00a0<\/span><\/span><span class=\"TextRun SpellingErrorZoomed  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"BCX0 SCXP32849575\">ConQuaestor<\/span><span class=\"NormalTextRun  BCX0 SCXP32849575\">\u00a0uses quantitative and qualitative research to create a good\u00a0<\/span><\/span><span class=\"TextRun  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"NormalTextRun  BCX0 SCXP32849575\">substantiated plan for design of best\u00a0<\/span><\/span><span class=\"TextRun SpellingErrorZoomed  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"BCX0 SCXP32849575\">practice<\/span><\/span><span class=\"TextRun  BCX0 SCXP32849575\" lang=\"NL-NL\" xml:lang=\"NL-NL\" data-usefontface=\"true\" data-contrast=\"none\"><span class=\"NormalTextRun  BCX0 SCXP32849575\">\u00a0financial function.<\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbfbadc elementor-widget elementor-widget-text-editor\" data-id=\"dbfbadc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3>The challenge<\/h3><p><span data-usefontface=\"true\" data-contrast=\"none\">The CFO of a large global retailer (40 billion in sales) needs more <\/span><span data-usefontface=\"true\" data-contrast=\"none\">clarity into the current performance of his finance department and how they are performing relative to\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">of similar organizations. With these insights, he can then develop the vision and strategy\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">substantiate and arrive at a sound plan for the future.\u00a0<\/span>\u200b\u200b<\/p><p data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1.3,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}\"><span data-usefontface=\"true\" data-contrast=\"none\">At the time of uncertainty in revenue trends, the finance department of this\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">global retailer faced with the task of reducing costs in the financial domain. Due to the\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">unexpected crowds during and immediately after the corona pandemic\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">is taking on many new\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">employees, but the functions are poorly defined. As a result, the landscape of\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">professionals within business operations diffuse, many employees may be new people\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">hiring and it is unclear who exactly does what. The CFO wants more clarity and switches\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">ConQuaestor in to make that happen.\u00a0<\/span>\u200b<\/p><h3>Our approach<\/h3><p data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1.3,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}\"><span data-usefontface=\"true\" data-contrast=\"none\">Our professionals use quantitative and qualitative research to find out how the\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">finance department currently operates and how it does at other similar organizations,\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">goes. We do this by:<\/span>\u200b<\/p><ul style=\"font-weight: 400;\"><li data-charcodes=\"45\" data-font=\"Century Gothic,Sans-Serif\" data-buautonum=\"8\" data-margin=\"540\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-usefontface=\"true\" data-contrast=\"none\">Establish a benchmark resulting in an objective\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">outside<\/span><span data-usefontface=\"true\" data-contrast=\"none\">-in view;<\/span>\u200b<\/li><li data-charcodes=\"45\" data-font=\"Century Gothic,Sans-Serif\" data-buautonum=\"8\" data-margin=\"540\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-usefontface=\"true\" data-contrast=\"none\">Organize workshops<\/span><span data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">;<\/span>\u200b<\/li><li data-charcodes=\"45\" data-font=\"Century Gothic,Sans-Serif\" data-buautonum=\"8\" data-margin=\"540\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-usefontface=\"true\" data-contrast=\"none\">Explore available information;<\/span>\u200b<\/li><li data-charcodes=\"45\" data-font=\"Century Gothic,Sans-Serif\" data-buautonum=\"8\" data-margin=\"540\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-usefontface=\"true\" data-contrast=\"none\">Conduct in-depth interviews with employees to find out who does what;<\/span>\u200b<\/li><li data-charcodes=\"45\" data-font=\"Century Gothic,Sans-Serif\" data-buautonum=\"8\" data-margin=\"540\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-usefontface=\"true\" data-contrast=\"none\">Collecting data<\/span>\u200b\u200b<\/li><\/ul><p data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1.3,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}\"><span data-usefontface=\"true\" data-contrast=\"none\">This will give us a good idea of how the organization is put together along the axes people,\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">processes, data\/IT and organization, and how it performs on these relative to comparable\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">organizations.<\/span><\/p><h3>The result<\/h3><p data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1.3,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}\"><span data-usefontface=\"true\" data-contrast=\"none\">Then ConQuaestor's professionals bring that information together into a compact\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">document. Our project group presents this to the CFO. We create a '<\/span><span data-usefontface=\"true\" data-contrast=\"none\">solutions<\/span><span data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">roadmap<\/span><span data-usefontface=\"true\" data-contrast=\"none\">'\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">and clarify the need for change and how to achieve it. For these\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">company\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">was this commitment enough, they could work on this delivered Plan themselves\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">of Approach and realized the organizational change on their own.<\/span>\u200b<\/p><p data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559683&quot;:0,&quot;335559685&quot;:0,&quot;335559731&quot;:0,&quot;335559737&quot;:0,&quot;335562764&quot;:2,&quot;335562765&quot;:1.3,&quot;335562766&quot;:4,&quot;335562767&quot;:0,&quot;335562768&quot;:4,&quot;335562769&quot;:0}\"><span data-usefontface=\"true\" data-contrast=\"none\">For the CFO who also wants to leave execution in the hands of ConQuaestor, we have interim\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">professionals. Thanks to our expertise on all steps of the process, we can\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">support. From creating a vision and strategy to implementing the\u00a0<\/span><span data-usefontface=\"true\" data-contrast=\"none\">substantiated plan, ConQuaestor is the designated partner.<\/span>\u200b<\/p><h3>\u00a0<\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9518413 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9518413\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8d8300c\" data-id=\"8d8300c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c4c42a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4c4c42a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca4de81 elementor-widget elementor-widget-heading\" data-id=\"ca4de81\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">More case studies<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d60609 elementor-widget elementor-widget-global elementor-global-3599 elementor-widget-pr-postcarousel\" data-id=\"1d60609\" data-element_type=\"widget\" data-widget_type=\"pr-postcarousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"swiper-container-wrap pr-blog-carousel-wrap swiper-container-wrap-dots-outside style-four\" data-slider-settings=\"{&quot;direction&quot;:&quot;horizontal&quot;,&quot;speed&quot;:400,&quot;effect&quot;:&quot;slide&quot;,&quot;slidesPerView&quot;:3,&quot;spaceBetween&quot;:10,&quot;grabCursor&quot;:false,&quot;autoHeight&quot;:true,&quot;loop&quot;:true,&quot;pause_on_hover&quot;:true,&quot;autoplay&quot;:{&quot;delay&quot;:999999},&quot;pagination&quot;:{&quot;el&quot;:&quot;.swiper-pagination-1d60609&quot;,&quot;type&quot;:&quot;bullets&quot;,&quot;clickable&quot;:true},&quot;breakpoints&quot;:{&quot;items&quot;:{&quot;slidesPerView&quot;:3,&quot;spaceBetween&quot;:10},&quot;items_tablet&quot;:{&quot;slidesPerView&quot;:2,&quot;spaceBetween&quot;:10},&quot;items_mobile&quot;:{&quot;slidesPerView&quot;:1,&quot;spaceBetween&quot;:10}}}\">\n            <div class=\"swiper-container pr-blog-carousel\" data-pagination=\".swiper-pagination-1d60609\">\n                <div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"item work-box\">\n\t\t\t\t\t\t\t\t\t<div class=\"outer\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"image pr__image__cover pr__ratio__square\" data-src=\"https:\/\/conquaestor.nl\/wp-content\/uploads\/2025\/12\/male-electrician-working-in-switchboard-male-elec-2025-03-16-12-37-37-utc-1024x683.jpg\" data-uk-img><\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"title\"><a href=\"https:\/\/conquaestor.nl\/en\/cases\/heldere-risicobeheersing-voor-erp-transitie\/\">Heldere risicobeheersing voor ERP-transitie<\/a><\/h3>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"category\"><a href=\"https:\/\/conquaestor.nl\/en\/category\/cases\/\" rel=\"tag\">Cases<\/a><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/conquaestor.nl\/en\/cases\/heldere-risicobeheersing-voor-erp-transitie\/\" class=\"link uk-position-cover\"><\/a>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"item work-box\">\n\t\t\t\t\t\t\t\t\t<div class=\"outer\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"image pr__image__cover pr__ratio__square\" data-src=\"https:\/\/conquaestor.nl\/wp-content\/uploads\/2025\/10\/springtime-flower-business-cultivation-indoor-p-2025-03-18-15-53-17-utc-1024x683.jpg\" data-uk-img><\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"title\"><a href=\"https:\/\/conquaestor.nl\/en\/cases\/van-herorientatie-naar-heldere-koers\/\">Van herori\u00ebntatie naar heldere koers in vijf weken<\/a><\/h3>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"category\"><a href=\"https:\/\/conquaestor.nl\/en\/category\/cases\/\" rel=\"tag\">Cases<\/a><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/conquaestor.nl\/en\/cases\/van-herorientatie-naar-heldere-koers\/\" class=\"link uk-position-cover\"><\/a>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"item work-box\">\n\t\t\t\t\t\t\t\t\t<div class=\"outer\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"image pr__image__cover pr__ratio__square\" data-src=\"https:\/\/conquaestor.nl\/wp-content\/uploads\/2025\/03\/merry-christmas-606993_1280-1024x682.jpg\" data-uk-img><\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"title\"><a href=\"https:\/\/conquaestor.nl\/en\/cases\/strategic-growth-and-repositioning-for-a-european-fashion-brand\/\">Strategic growth and repositioning for a European fashion brand<\/a><\/h3>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"category\"><a href=\"https:\/\/conquaestor.nl\/en\/category\/cases\/\" rel=\"tag\">Cases<\/a><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/conquaestor.nl\/en\/cases\/strategic-growth-and-repositioning-for-a-european-fashion-brand\/\" class=\"link uk-position-cover\"><\/a>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"swiper-pagination swiper-pagination-1d60609\"><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n        \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>The CFO of a large global retailer (40 billion in sales) needs more clarity on the current performance of his finance department and how they are performing compared to similar organizations. With these insights, he can then substantiate the vision and strategy and arrive at a sound plan for the future.<\/p>","protected":false},"author":7,"featured_media":3959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-3262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Helder plan voor kostenreductie: ConQuaestor biedt inzicht en strategie voor de financi\u00eble functie van een wereldwijde retailer - ConQuaestor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/conquaestor.nl\/en\/cases\/development-of-the-financial-function-of-a-multinational-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Helder plan voor kostenreductie: ConQuaestor biedt inzicht en strategie voor de financi\u00eble functie van een wereldwijde retailer - ConQuaestor\" \/>\n<meta property=\"og:description\" content=\"De CFO van een grote wereldwijde retailer (40 miljard omzet) heeft behoefte aan meer duidelijkheid in het huidige presteren van zijn financi\u00eble afdeling en hoe zij presteren ten opzichte van vergelijkbare organisaties. 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